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Upturn AI Summary
Proshares UltraShort Ether ETF(ETHD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ETHD
10/02/2026: ETHD (1-star) is currently NOT-A-BUY. Pass it for now.
ProShares UltraShort Ether ETF (ETHD) is a leveraged product designed to provide -2x the daily inverse return of the Bloomberg Ether Index. It serves as a tactical tool for active traders to hedge against or profit from downward price moves in Ether. Strengths include its accessibility via brokerage accounts and the reputable management by ProShares. However, it carries significant risks, including compounding decay and high volatility, making it unsuitable for long-term holding. Investors should monitor market sentiment, regulatory developments, and the fund's daily tracking efficiency.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This ETF is designed for short-term tactical hedging rather than capital appreciation. |
| Momentum investor | Strong fit while signal remains positive | Active traders may use this to capitalize on short-term downward price trends in Ether. |
| Value investor | Weak fit | The inverse leveraged structure is fundamentally misaligned with value-based investment strategies. |
| Dividend/Income investor | Weak fit | This product generates no yield and carries high risk of capital erosion through compounding. |
| Low-risk investor | Weak fit | The high volatility and leverage profile make this unsuitable for risk-averse investors. |
Investor Profile
Ideal Investor Profile
Sophisticated, active traders with a high risk tolerance.
Suitability
Strictly for short-term tactical hedging or intraday speculation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The leverage amplifies price swings, potentially leading to rapid capital loss. |
| Market risk | High | Ether is a highly speculative asset prone to extreme price fluctuations. |
| Concentration | High | The fund is entirely dependent on the performance of a single digital asset. |
| Tracking/expense | Medium / high | Daily rebalancing and derivative costs create significant tracking error over time. |
| Liquidity | Medium | Reduced liquidity in derivative markets can impact the efficiency of the inverse tracking. |
| Business/sector quality | High | The digital asset sector is subject to rapid regulatory and structural changes. |
Risk Analysis
Volatility
Extremely high due to the -2x leveraged exposure to an already volatile digital asset.
Market Risk
Subject to idiosyncratic risks of Ether, including regulatory threats and market sentiment shifts.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Bloomberg Ether Index (seeks -2x daily return) | 95 | This exposure represents the fund's primary derivative positions used to achieve the inverse daily leverage objective. |
| Cash/collateral | Cash and Cash Equivalents | 5 | These assets serve as collateral for the derivative contracts and provide necessary fund liquidity. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type ETF | Historic Profit -51.17% | Avg. Invested days 9 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $61.33M |
| Issuer | ProShares |
| Expense Ratio | 99% |
| Distribution Yield | 16.78% |
| Inception | Jun 6, 2024 |
Performance
| Period | Total Return |
|---|---|
| YTD | -44.28% |
| 1 Year | -11.48% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 113.06% |
| 3Y Volatility | 0% |
| 3Y Sharpe Ratio | 0 |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
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